Innovative financing of highways

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The federal government provides about $20 billion a year in grants to states for highways; most of the money is raised through taxes on motor fuels. States, in financing their road-building programs, also rely heavily on motor fuel taxes and on fees paid by highway users. But these revenues are insufficient. This study reviews several approaches to augment traditional sources of funding for highways. The analysis covers changes in rules governing federal aid, state infrastructure banks, federal credit assistance, and private-sector financing of roads. Charts and tables.The analysis covers changes in rules governing federal aid, state infrastructure
banks, federal credit assistance, and private-sector financing of roads. Elizabeth
... Many members of the staff of the Federal Highway Administration (FHWA)
provided information and explanations of technical matters. ... they include Jon
Bloom, Norman Foster, Adeel Lari, Christopher Mann, Frank Smith, and
Constance Sorrell. ... Laurie Brown prepared the electronic version for CBOa#39;s
World Wide Web site.

Title

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Innovative financing of highways

Author

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United States. Congressional Budget Office

Publisher

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Congressional Budget Office - 1998-02

ISBN-13

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